海角社区

Many scholarship and financial assistance programs are available to deserving students through local and state civic groups, clubs, and organizations. Students are urged to seek out such programs in their local areas. You can also access a variety of external scholarship search sites listed below.

External Scholarship Links

Please forward copies of all letters or notices detailing external scholarships to the Financial Aid Office as this is required financial aid information.

Outside aid and 海角社区 scholarships and grants may not exceed tuition and mandatory fees. Outside aid includes external scholarships and grants, VA, ROTC, or Voc Rehab benefits, or tuition benefits based on parent employment. Notify us about benefits you will or expect to receive or call us with any related questions.

Visit to access The Go-to Guide for College Financial Aid. This guide was developed to help students and their families understand financial aid and search for additional financial assistance.

Families should consider what they can afford to pay out of pocket prior to borrowing the remaining educational costs. This helps minimize the debt burden on students and parents. The University offers a payment plan that consists of 5 monthly payments per semester.

Payment Plans

There are several high quality parent loan products from which to choose, including the federal Direct PLUS Loan for parents. Private parent and student loans, discussed below, using a cosigner with good to excellent credit can result in fixed and variable rates lower than the federal Direct PLUS Loan. Families are encouraged to compare attributes of any loans to pick the one that is right for them.

Plan ahead; apply early for any parent or student loans to give yourself time to resolve any issues.

Federal Direct PLUS Loan for Parents

The website for completing the Direct PLUS Loan application and simultaneously signing the Master Promissory Note is .

With this loan option, parents of dependent undergraduate students may borrow up to the cost of attendance, minus any other financial aid resources. The current interest rate for the PLUS Loan is a fixed 8.94%, and eligibility depends on a modest credit check. It is important to account for a 4.228% origination fee that the government withholds upon loan disbursement. Increase the requested amount by at least 4.3% in order to cover any anticipated balance. Repayment begins 60 days after the loan is disbursed, but parents can choose to defer repayment until 6 months after the student departs school. Be aware that deferring payments increases the total cost of the loan.

If the parent's application is denied, they can add an endorser who does not have an adverse credit history. If a PLUS application stays denied, the student is eligible to borrow an additional $4,000-$5,000 through the Direct Unsubsidized Loan by completing a form at the Financial Aid Office.

Note: The University requires a completed FAFSA in order to secure a PLUS loan.

The website for completing the Direct Grad PLUS Loan application and simultaneously signing the Master Promissory Note is .

With this loan option, graduate and professional students may borrow up to the cost of attendance, minus any other financial aid resources. The current interest rate for the PLUS Loan is a fixed 8.94%, and eligibility depends on a modest credit check. It is important to account for a 4.228% origination fee that the government withholds upon loan disbursement. Increase the requested amount by at least 4.3% in order to cover any anticipated balance. You’ll receive an automatic deferment while you’re enrolled in school at least half time, and for an additional six months after you graduate, leave school, or drop below half-time enrollment. You don’t have to start making payments until after this deferment period ends.

If you have an adverse credit history, you may still receive a Grad PLUS loan by either obtaining an endorser who does not have an adverse credit history or documenting to the satisfaction of the U.S. Department of Education that there are extenuating circumstances relating to your adverse credit history.

Note: The University requires a completed FAFSA in order to secure a PLUS loan.

There are many high quality student and parent loan products from which to choose. The University does not endorse any preferred lender. Student loans using a cosigner with good to excellent credit can result in fixed and variable rates lower than the federal Direct PLUS Loan for Parents or the federal Direct PLUS Loan for Graduate or Professional Students. Payments are deferrable until after graduation, but deferring payments does raise the cost as interest accrues. Many loans give an option for immediate repayment of principal and interest, or just interest. Freshmen are almost always required to use a cosigner, while all others may be eligible without one. However, the cost of the loan is always lower with a cosigner.

The private loan application process requires several e-signed disclosure confirmations, and the interval from application to disbursement takes several weeks. For the "self-certification" step, you will need to utilize the "Cost of Attendance" and "Total Financial Aid" figures found on the Offer Letter enclosure. The "Cost of Attendance" is also found on our website.

While we do not make private educational loan recommendations, we do guide families toward a website provided by , a non-profit organization that provides a lender-neutral comparison tool for students and parents, offering unbiased information on private educational loans, lenders, rates, and fees. We also suggest that borrowers pay special attention to your state’s loan programs which can often provide better terms, conditions, fees, and interest rates. Many loan sites provide repayment calculators with various options from which to choose. These can be very helpful when deciding what type of loan and repayment is best for your family.

It is the policy of 海角社区 to administer its student loan program in a manner which provides the maximum benefit to its student borrowers. In order to avoid even the appearance of impropriety, neither 海角社区 nor any employee of 海角社区, will solicit or accept any benefit from a student lending institution as consideration for any advantage provided to the lending institution in relation to its educational loan activities.

The following principles and prohibitions apply to the student loan program at 海角社区:

1. 海角社区 shall not engage in any revenue sharing arrangement with any student lending institution.
2. No employee of 海角社区 shall accept on his or her behalf, anything of value from a student lending institution.
3. No employee of 海角社区 shall serve as a member or participant of a board of a student lending institution, unless the participation is unrelated in any manner to educational loans or the employee has no direct involvement with, or benefits from, the functions of the University financial aid office.
4. No employee, representative or agent of a student lending institution shall be authorized by 海角社区 to be identified to the public as an employee, representative or agent of 海角社区.
5. No employee, representative or agent of a student lending institution shall provide staffing services to 海角社区’s financial aid office.

海角社区 shall not provide a lender list that:

1. Is used to deny or impede a borrower’s choice of lender
2. Contains the names of fewer than one student lending institutions
3. Includes student lending institutions that have offered a benefit to 海角社区 or its student borrowers in exchange for inclusion on the list.

No lender list shall be provided unless it contains the following:

1. A disclosure in plain language of the process by which 海角社区 selects student lending institutions for the lender list including the method and criteria utilized and the relative importance of each criterion.
2. A clear statement that the borrower has the right and ability to select the educational loan provider of the borrower’s choice, is not required to use any of the lenders on the list and will suffer no penalty or unnecessary delay for choosing a lender not on the lender list.

Inclusion on the lender list shall be determined solely by considering the best interests of the borrower. Any student lending institution placed on the list shall provide assurance to 海角社区 and to borrowers that the advertised benefits upon repayment will continue to inure to the benefit of the borrower regardless of whether the lending institution’s loans are sold.

The list shall not include any student lending institution that to 海角社区’s knowledge after reasonable inquiry has an agreement to sell its loans to another lending institution unless the existence of the agreement is clearly disclosed. Favorable placement on the list shall not be provided to any student lending institution for a particular type of loan in exchange for benefits provided to 海角社区 or its students in connection with a different type of loan. The contents of any lender list shall be reviewed and updated at least annually.

海角社区 shall inform student borrowers and prospective borrowers of all financing options available under Title IV of the Higher Education Act of 1965 including information on terms and conditions of available loans under that Title IV or under State law that are more favorable to the borrower.

海角社区 shall not direct in any manner, potential borrowers to electronic promissory notes or other loan agreements that do not provide a reasonable and convenient alternative for the borrower to complete such documents with any federal approved student lending institution offering the relevant loan in this State.

If you qualify for the Federal Direct Stafford Loans (Subsidized & Unsubsidized), please be aware that the federal government charges a loan fee. The Federal Direct Stafford Loans are required by law to provide a range of flexible repayment options, including, but not limited to, income-based repayment (IBR) and income-contingent repayment (ICR) plans, and loan forgiveness benefits, which other student loans are not required to provide; and Federal Direct Stafford Loans are available to students regardless of income.

Private student loans are not federal student loans. Private loans are credit based and may have, either a variable or fixed interest rate. Private student loans can offer variable interest rates that can increase or decrease over time, depending on market conditions. Private student loans have a range of interest rates and fees; students should determine the interest rate of, and any fees associated with the private student loan before accepting the private loan. The student should contact the lender of the private student loan if they have any questions about the private student loan. The private student loan interest rate may depend on the borrower’s credit rating. The student has the ability to choose any lender.